Tech news network Giga Omni Media grabs another $4.5M
Giga Omni Media, the company that owns news blog GigaOM and its related sites, announced today that it has raised $4.5 million in additional funding.
The last few months have been busy for Om Malik’s fledgling media empire. He acquired mobile blog jkOnTheRun in July, followed by TheAppleBlog just a few weeks ago. He also promoted chief operating officer Paul Walborsky to chief executive, and announced some new syndication deals, including one with The New York… Continue Reading
Roundup: Yahoo’s bad (but not awful) day, Icahn’s wild weekend, shuffle at the top of Etsy and more
Here’s the latest action:
Yahoo has a bad day, but it could have been much worse — The Internet giant announced its earnings today and fell short of expectations, but only by about a penny-a-share. Net income was down 19 percent from the same quarter last year. Still, considering it no longer has a Carl Icahn-led hostile takeover to worry about, the company can — and more importantly, will live with these numbers.
Icahn’s wild weekend — While Yahoo was… Continue Reading